Hong Kong population 7 million, Cathay 103 widebodies.
Singapore popultion 5 million, SQ 124 widebodies.
UAE population 4.6 million, EK 155 widebodies.
All fly the kangaroo route, but all fly to other places as well. All have modern equipment, and make a profit.
Australia population 23 million, QF 89 widebodies (not sure if all those 330s are QF or pornstar though).
Canada population 33.7 million, Air Canada 56 widebodies.
No wonder the Canadians can not compete.
The Don